Super changes to have 'perverse effects'

The government is underestimating the “perverse consequences” of making changes to superannuation, such as a surge in property investment, according to one industry lawyer.

Shared by SMSF Adviser

December 09, 2015

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Townsends Business & Corporate Lawyers special counsel for superannuation, Michael Hallinan, told SMSF Adviser there is a real danger that any negative change to superannuation will “heighten people’s disquiet or disinterest in super” resulting in them “redirecting their money to the last remaining tax haven, which is their family home”.